Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Guggenheim Sticks to Its Buy Rating for ProKidney (PROK)

Tipranks - Fri Mar 20, 5:58AM CDT

In a report released yesterday, from Guggenheim reiterated a Buy rating on ProKidney, with a price target of $7.00. The company’s shares closed yesterday at $2.08.

Claim 70% Off TipRanks Premium

ProKidney has an analyst consensus of Hold, with a price target consensus of $5.75, which is a 176.44% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $12.00 price target.

Based on ProKidney’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $217 thousand and a GAAP net loss of $16.47 million. In comparison, last year the company had a GAAP net loss of $17.91 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.